Efforts to challenge the dollar's global dominance have historically been hindered by disparities among nations in economic ...

The official central bank rate for Friday was set at 109 to the U.S. dollar, meaning the ruble is worth less than a penny in ...

The currency has depreciated to levels last seen at the onset of the war due to new sanctions. Heavily reliant on imports, ...

Russia’s central bank said no emergency steps were required to prop up the ruble as measures already in place were enough to ...

President Vladimir Putin assured the public that there was no need to 'panic,' and the central bank took action. Despite the ...

The share of "toxic" currencies in revenues of top Russian exporters declined to 17% as early as in September 2023 ...

MOSCOW, November 29. /TASS/. The Central Bank maintains the floating rate policy but if volatility starts posing threat to financial stability, the regulator has tool to mitigate risks, Deputy ...

Vladimir Putin dismissed the ruble's latest tumble, but analysts say falling oil prices and sanctions spell problems for ...

President Vladimir Putin said there isn’t any reason for Russians to panic after the currency fell to its lowest level since ...

Russia's daily losses in Ukraine surpassed 2,000 for the first time, according to figures released by Kyiv on Nov. 29.

Gross domestic product shrank by 0.2% on a quarterly basis between July and September, according to data from the Turkish statistical agency on Friday, matching the contraction of the prior quarter, ...

The Russian currency has plummeted to its lowest level since the start of Vladimir Putin's full-scale invasion of Ukraine.